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Space42 Secures Additional Dh18.7 Billion Contract from UAE Government
Space42, formed through the merger of Abu Dhabi-based Yahsat and Bayanat, has secured a significant Dh18.7 billion contract from the UAE government, extending its agreements to 2043. The deal includes Dh3.7 billion in advance payments for the development of Al Yah 4 and Al Yah 5 satellites, enhancing communication services across multiple regions.
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